Define everything in your written contract, ideally by getting a template contract that is already vetted or using a traditional realtor contract.

Buyers want a house with character, which is why they're looking in the neighborhood you've already meticulously selected.

@Blair BoanLooking at how cap rate is defined..... 

Can someone please share some guidelines on how you define class A vs B vs C Tenants in your real estate practice?

Need to define asset type within commercial ( retail,industrial, multifamily, office, warehouse, self storage, etc.)Next define the deal size 1 million,5 million,10 million etc.Without this you are just throwing mud against the wall and seeing what sticks. 

Defined as below:In the United States, to be considered an accredited investor, one must have a net worth of at least one million US dollars, excluding the value of one's primary residence, or have income at least $200,000 each year for the last two years (or $300,000 combined income if married) and have the expectation to make the same amount this year.[9]The term "accredited investor" is defined in Rule 501 of Regulation D of the U.S.

Profit margins have risen to an average of $61,000 per flip, versus only $19,000 during the heart of the recession in 2009 (the article defined these profit margins as 'the difference between the housing value when the investor purchases the home and when it is sold,' so this is somewhat disingenuous since it doesn't appear to take into account the costs of the flip)Given that BP is the biggest and best forum to discuss this, I think it's worth having a discussion about the pros and cons mentioned in this article, and what we expect to happen next.A few food for thought questions i'm wondering if anyone is interesting in discussing:Do you think we're headed toward another correction in the housing market?

@Victor Mejia Well in virtually all states being a Bird Dog, as i would define it, it illegal.

The law is not well defined.

I'm a very experienced investor, but pretty new to BP.  Two times I've had posts removed by moderators for "advertising content." In neither case did I advertise or self promote. In one case I simply gave the names of...